Ask a New Question

Question

Bill has a savings account in Sierra Bank and earns interest at 2 1/4%. He is considering moving his business to Coulee Bank to earn 2 11/20% in interest. How much more is the interest rate at Coulee Bank than at Sierra Bank?
11 years ago

Answers

Gabby
Choices:
5/8%
3/10%
1/5%
Not here
11 years ago
Ms. Sue
Use equivalent decimals and subtract.
11 years ago

Related Questions

you have a savings account that offers an annual simple interest rat of5% you put $350 into the acco... How much will a savings account earn if the APY is 5.00% with a starting deposit of $100 with the in... How much will a savings account earn after the first quarter if $800 is deposited with a 5.00% APY? Sam has a savings account that will earn him interest at a rate of 1.5% annually. He has $40,000 in... What is a savings account used for? saving money writing checks using a debit card both B and... Consider a savings account that earns 17% simple interest. How much should be deposited in the accou... Savings account A savings account is useful for all of the following purposes EXCEPT: A. Building an emer...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use